United Kingdom | Saturday, 6 September 2008
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Northern Ireland seeks to woo investors

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Posted 06 May 2008 @ 08:35 am GMT

Q: How have the global credit crisis and a UK slowdown impacted on Northern Ireland's economy-

A: We are not immune. No region is immune from the global economic environment and we are seeing in terms of energy prices, oil prices, gas, wholesale prices all of that is having an impact on business and on domestic consumers.

In the medium term we have every reason to be very, very optimistic about the future in Northern Ireland because in those areas that we are seeking investment in, they will stand the test of time because they are based on knowledge, they are based on skills rather than simply competing on a low cost basis with other regions which will be able outperform us.

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